3 ms·
This is shrewd of Ellison to do this. He knows he is the edge as he is a trump supporter. However it’s a terrible idea for tiktok to sell to oracle, a dinosaur
by yalogin 6y ago
This is shrewd of Ellison to do this. He knows he is the edge as he is a trump supporter. However it’s a terrible idea for tiktok to sell to oracle, a dinosaur that has no idea how to deal with consumer tech. I still don’t know why these companies want tiktok in the first place. It will be a nightmare to disconnect them from China and even then all the Chinese employees who dreamed up the tech are not coming, what’s the point?
Also I suspect this is just election pandering from trump. Initially he gave a 45 day “chance” for companies to find a buyer and then extended it by another 45 days. That takes it close to the election or past that date. At that point he doesn’t care and can push it under the rug just like the other “harsh stances “ against China.
- throwaway554323 6y agoIn that case, this might be the perfect deal for TikTok as Americans will use a VPN to access better content and apps.
- throwaway5752 6y agoThis really isn't that shrewd. The outcomes are either 1) to drive up MSFT's TikTok acquisition price 2) to disrupt the sale process and harm or destroy TikTok 3) to ingratiate themselves with the current president or 4) the gambit is sincere and they successfully acquire them. None of those address Oracle's core challenges which that they are getting hollowed out by competition in their core database market, are being outcompeted by Workday and SFDC in CRM and ERP verticals, and one just has to look at the comments here to see how they are perceived in the market. This may be temporarily gratifying, but is ultimate a distraction for them when they should not be distracting themselves.